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The Terraces N
What people actually paid in The Terraces N: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.
215 sales are on record at the Dubai Land Department, below.
Your agent in Mohammed Bin Rashid City
Sales
Buying in The Terraces N? Azelia can walk you through what these numbers mean for you.
Azelia is marketing 13 homes for sale in Mohammed Bin Rashid City right now.
- Community
- Mohammed Bin Rashid City
- Nearest metro
- Burj Khalifa/Dubai Mall Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
- Handed over
- 2023 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
- First on record
- 2019 — an off-plan sale
- Sales on record
- 215 — registered at the Dubai Land Department, the latest February 2026
- Off-plan share
- 64% — 138 bought off-plan from the developer, 77 resales of a completed home
Recorded rents and gross yield for The Terraces N →
Living in Mohammed Bin Rashid City — the area guide →
What a mortgage on a home in The Terraces N costs a month — and the cash you need on the day →
The recorded market
Price per square foot, by year
The median of every sale registered at the Dubai Land Department here. Not asking prices.
The low was 2021 at AED 1,122 a square foot, and it has recovered 53% since. It is still 11% below its 2025 peak.
What sells here
By size
Registered sales in the last three years. Sizes are the registered floor area.
| Layout | Typical size | Median price | Mean price | Per sq ft | Sales |
|---|---|---|---|---|---|
| 1 B/R | 753 sqft | 1,310,000 | 1,404,375 | 1,836 | 8 |
| 2 B/R | 1,150 sqft | 2,275,000 | 2,598,261 | 1,854 | 23 |
Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.
Every sale, as registered
Recent sales in The Terraces N
The last transfers recorded at the Dubai Land Department, newest first.
| Date | Layout | Size | Price | Per sq ft |
|---|---|---|---|---|
| 12 Feb 2026 | 2 B/R | 2,858 | 3,600,000 | 1,260 |
| 2 Feb 2026 | 1 B/R | 760 | 1,650,000 | 2,172 |
| 27 Nov 2025 | 2 B/R | 1,124 | 2,275,000 | 2,024 |
| 25 Nov 2025 | 3 B/R | 2,892 | 5,650,000 | 1,954 |
| 16 Oct 2025 | 2 B/R | 1,150 | 2,180,000 | 1,896 |
| 13 Oct 2025 | 1 B/R | 755 | 1,600,000 | 2,120 |
| 3 Sept 2025 | 2 B/R | 1,132 | 2,100,000 | 1,854 |
| 11 Jul 2025 | 2 B/R | 1,148 | 2,220,000 | 1,933 |
| 1 Jul 2025 | 2 B/R | 566 | 1,150,000 | 2,031 |
| 10 Jun 2025 | 2 B/R | 1,486 | 2,870,000 | 1,931 |
| 20 May 2025 | 2 B/R | 1,623 | 3,200,000 | 1,972 |
| 14 May 2025 | 2 B/R | 1,124 | 2,200,000 | 1,958 |
How often it trades
Sales per year
Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale
Of the 215 sales on record, 138 were bought off-plan from the developer and 77 were resales of a finished home. The changeover in 2023 is the handover. The 2026 bar is part-year.
Where the market is moving
The busiest buildings in Mohammed Bin Rashid City
The Terraces N sold 0 completed homes in the ninety days to 19 Oct 2026, below the five-sale floor to rank. These are the five busiest buildings in Mohammed Bin Rashid City.
| Rank | Building | Sales, 90 days | Against its usual pace |
|---|---|---|---|
| 1 | Crest Grande | 52 | 3.1× |
| 2 | Elie Saab Vie at the Fields | 32 | 1.0× |
| 3 | Sobha Creek Vistas Reserve | 17 | 1.4× |
| 4 | Sobha Creek Vistas Tower A | 15 | 1.0× |
| 5 | The Crest Tower B | 14 | 0.5× |
Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Mohammed Bin Rashid City, with pace against each building’s own year before.
Nearby
What else to look at in Mohammed Bin Rashid City
The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.
| Building | Recorded sales | First traded | Median per sq ft |
|---|---|---|---|
| Numa Reservenewest | 26 | 2026 | 2,817 |
| Art House Private Residences By Vivanewest | 42 | 2026 | 1,959 |
| Sobha Hartland Greens- Phase I -2 | 112 | 2015 | 1,343 |
| Starlight Park-Building - D | 45 | 2024 | 1,319 |
| Wilton Terraces 1 | 223 | 2018 | 1,318 |
| Wilton Terraces 2 | 218 | 2018 | 1,310 |
| The Terraces S | 202 | 2019 | 1,260 |
| MAG 930 | 183 | 2020 | 1,245 |
| Opal Gardens | 611 | 2023 | 1,244 |
| MAG Eye 900 | 174 | 2019 | 1,215 |
Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.
Buying in The Terraces N? The cost of buying, the title deed, the service charges and buying as a foreigner, explained.